Clearfield, UT—84015
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clearfield, UT
As of Oct '25, the median home price in Clearfield, UT is $455,000, with a year-over-year change of 1.0%. This indicates that home prices in Clearfield, UT are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $455,000 | 1.0% |
| Single Family | $460,000 | 1.1% |
| Condos | $332,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $340,000 | 0.9% |
3 Bed | $432,000 | 2.1% |
4 Bed | $452,000 | 0.7% |
| 5 Bed | $548,000 | 0.9% |
% of Housing Stock
Rental Trends — Clearfield, UT
As of July '25, Rentcast reports the average rent in Clearfield, UT is $1,820, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Clearfield, UT is studios: $788, 1-bedrooms: $1,170, 2-bedrooms: $1,380, 3-bedrooms: $1,860, 4-bedrooms: $2,300. The most common rental property sizes in Clearfield, UT are 2-bedroom and 3-bedroom, accounting for 35.0% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,820 |
| Studio Rent | $745 | $788 |
| 1 Bed Rent | $1,180 | $1,170 |
| 2 Bed Rent | $1,300 | $1,380 |
| 3 Bed Rent | $1,840 | $1,860 |
| 4 Bed Rent | $2,310 | $2,300 |
% of Rental Stock
Property Listings — Clearfield, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Clearfield, UT is 44. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $466,000 | -5.0% |
Listing Count | 243 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 44 | 30.0% |
Demographics — Clearfield, UT
As of the latest ACS Survey released in 2023, Clearfield, UT has a population of 70,700, which has increased by 7.6% over the past 5 years. Clearfield, UT is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 70,700 | 7.6% |
% Under 18 | 28.4% | -14.2% |
% Seniors | 8.6% | 10.3% |
% WFH | 11.9% | 205.1% |
% w/ College Degree | 24.6% | 8.8% |
As of the latest ACS Survey released in 2023, Clearfield, UT is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Clearfield, UT is hispanic, making up 15.6% of the population. Foreign-born residents account for 6.5% of the population in Clearfield, UT, and this percentage has increased by 20.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.0% | -3.5% |
% Black | 1.4% | -22.2% |
% Hispanic | 15.6% | 1.3% |
% Asian | 2.5% | 25.0% |
% Foreign Born | 6.5% | 20.4% |
Mortgage and Risk — Clearfield, UT
According to HUD data as of 2023, there were 2048 mortgage originations in Clearfield, UT, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Clearfield, UT. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 2,048 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clearfield, UT
As of 2024, the percent of homes in Clearfield, UT under the Section 8 program is 12.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Clearfield, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 667 |
Total Units Section 8 | 649 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 79.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,180 | $1,290 |
| 2 Bedroom | $300 | $1,300 | $1,600 |
| 3 Bedroom | $310 | $1,840 | $2,150 |
| 4 Bedroom | $290 | $2,310 | $2,600 |
Affordability — Clearfield, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $455,000 |
| Median Household Income | $92,600 |